FARO TECHNOLOGIES INC 4

4 · FARO TECHNOLOGIES INC · Filed Mar 7, 2017

Form 4

Period: 2017-03-03

SVP, ASIA PACIFIC REGION

Transactions

Award
Common Stock
2017-03-03+3,218→ 6,663 total
Award
Employee Stock Option (right to buy)
2017-03-03+23,109→ 23,109 total
Exercise: $34.55Exp: 2024-03-03→ Common Stock (23,109 underlying)
Award
Employee Stock Option (right to buy)
2017-03-03+2,204→ 3,526 total
Exercise: $60.76From: 2017-03-03Exp: 2022-03-19→ Common Stock (2,204 underlying)

Footnotes (3)

[F1]Issued as restricted stock units, which represent the contingent right to receive an equivalent number of shares of common stock. The restricted stock units vest on March 3, 2020.
[F2]The stock option vests in three equal annual installments beginning March 3, 2018.
[F3]On March 19, 2015, the reporting person was granted performance-based stock options to purchase 19,836 shares of common stock, with the number of stock options earned to be determined based on the extent to which certain performance conditions for each of fiscal years 2015, 2016 and 2017 were met. As determined on March 3, 2017, the reporting person earned stock options to purchase 2,204 shares of common stock based on the Company's fiscal year 2016 performance.

Documents

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